Bill Summary for S 159 (2015-2016)

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Bill: CORRECTED REVAL./MINIMAL REFUNDS/PROP. TAXES. (NEW)

Summary date: 

Apr 22 2015
S.L. 2015-266

Bill Information:

View NCGA Bill Details(link is external)2015-2016 Session
Senate Bill 159 (Public) Filed Tuesday, March 3, 2015
AN ACT TO REQUIRE PAYMENT OF ADDITIONAL TAXES BY THE APPROPRIATE OWNERS OF RECORD FOR CORRECTED REVALUATIONS AND TO PROVIDE OPTIONS FOR THE DISPOSITION OF MINIMAL PROPERTY TAX REFUNDS.
Intro. by Tarte, Rucho.

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Bill summary

Senate amendment makes the following changes to the 3rd edition. Specifies that interest on the taxes due does not accrue for the period that a taxpayer is making timely payments under a payment plan (was, interest accrues as provided in GS 105-360).